E-commerce Accounting: The Only Guide You’ll Ever Need
Our comprehensive guide distils all you need to know about accounting for e-commerce, and what you can do to make the process more efficient.
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Invoice discounting enables you to take out a loan using unpaid invoices as collateral.
The loan amount typically ranges between 80% to 95% of the value of the invoices, which you will pay back (with interest) once you receive payment from your customers.
In this example, you will be given $10,000 x 80% = $8,000 of cash. After you have collected on the invoices, you will pay back $8,000 plus the agreed fee to the lender.
Grow your business with Choco Up

Our comprehensive guide distils all you need to know about accounting for e-commerce, and what you can do to make the process more efficient.

Inventory loans help you stock up against busy times, using the stock itself as collateral. But they might not cover other growth needs.